Rigzone Industry News

Black Hills reported a net income of $79.6 million for the fourth quarter of 2023.

The outlook for Asia's natural gas demand remains bullish, according to a new report from BMI.

Management teams reined in spending on new projects to free up cash for dividends and buybacks.

'We have signed contracts to provide over 60 terawatt hours of power over the past 2 years to these large technology companies, an amount we expect to increase dramatically in the coming years'.

BP said it will repurchase $1.75 billion of shares each quarter in the first half of the year.

Kate Thompson has been appointed as BP's CFO and will join the company's board with immediate effect.

No one was injured and no crude leaked into the ocean.

Exxon Mobil Corp. and Chevron Corp. are generating returns not seen since their heyday over a decade ago.

The North America rig count stayed flat week on week, according to Baker Hughes.

Equinor canceled a power supply agreement with New York state for the Beacon Wind project and entered a deal to fully transfer the lease to partner BP in exchange for the latter's stake in similarly costs-hit Empire Wind.